(NYSE:JCP) has declined 40.00% since January 17, 2017 and is downtrending. It should be noted that a moderate but negative weighted alpha indicates additional price decrease, though for not too long.
While considering growth estimates of the company, it has next quarter growth estimates of -366.7% whereas during current quarter it has -25% estimations over growth, comparing to the estimations of 25% during current year and 100% for next year.
J.C. Penney Company Inc (NYSE:JCP) up 0.78% to close at the price of $3.89. About 8.99 million shares traded. J.C. Penney Company Inc (NYSE:JCP)'s price sits 20.22% above from its SMA 50 of $3.38 and -8.24% far from the SMA 200 which is at $3.82. (NYSE:JCP) or 60,579 shares. It has underperformed by 56.70% the S&P500. Its the same as in 2017Q2.
Other equities analysts have also issued reports about the stock. That activity is comparable to their recent volume average trend of almost 19.59 million shares which they recorded over a period of three months. GG maintained activity of relative volume at 3.33. Tobam invested in 1.19% or 1.61M shares. The department store operator reported ($0.33) earnings per share for the quarter, topping analysts' consensus estimates of ($0.43) by $0.10. The stock's short float is around of 0.83% and short ratio is 0.96. Deutsche Commercial Bank Ag, Germany-based fund reported 506,164 shares. 107,250 are owned by Augustine Asset Mgmt. State Of Alaska Department Of Revenue reported 36,290 shares.
However out of 16 analysts 1 suggest J.C. Penney Company Inc (NYSE:JCP) a Strong Buy, 1 suggested Buy, 18 Hold and 0 Sell, while 1 analysts recommend the stock a Strong Sell. It also reduced its holding in Fedex Corporation (NYSE:FDX) by 10,000 shares in the quarter, leaving it with 150,000 shares, and cut its stake in Kansas City Southern (NYSE:KSU). As per Zacks simplified descending rating scale the ABR rank is displayed in the range of 1 to 5 where 1 represents Strong Buy and 5 a Strong Sell. Range Resources Corp. had 128 analyst reports since July 21, 2015 according to SRatingsIntel. (NYSE:JCP) showed a growth of 9.37 Percent per annum.
One of the trending stocks on Wednesday was MagnaChip Semiconductor Corporation (NYSE:MX). As per Sunday, August 16, the company rating was maintained by Sterne Agee CRT. The stock has "Buy" rating by RBC Capital Markets on Friday, June 2. The firm has "Hold" rating by Deutsche Bank given on Monday, May 15.
Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.40, from 0.79 in 2017Q2. 38 funds opened positions while 76 raised stakes.
Presently, 0.01% shares of United Parcel Service, Inc. Royal Natl Bank Of Canada accumulated 0% or 134,487 shares. Bankshares Of Montreal Can holds 1.01M shares or 0% of its portfolio. (NYSE:JCP) for 89,071 shares. About 1.04 million shares traded. Prudential Public Ltd Company invested in 719,401 shares. Finally, California Public Employees Retirement System raised its stake in J C Penney by 24.7% in the third quarter. 79,400 are owned by Commonwealth Retail Bank Of. Gamco Invsts Inc Et Al holds 0.02% or 957,600 shares in its portfolio. Jefferies Group reissued a "hold" rating and issued a $4.00 target price on shares of J C Penney in a research report on Thursday, September 14th. The company has a market capitalization of $1,210.00, a price-to-earnings ratio of -6.38, a P/E/G ratio of 2.64 and a beta of 0.58.
EPS growth in past 5 year was 14.90% along with sales growth of -6.20% in the last five years. JCP's profit will be $130.85 million for 2.32 P/E if the $0.42 EPS becomes a reality.
J. C. Penney Company, Inc is a holding company. (NYSE:JCP) is another stock that is grabbing investors attention these days. Therefore 10% are positive.
Taking a broader look at the analyst consensus, brokerage firms have a price target of $3.89 on J.C. Penney Company Inc (NYSE:JCP). Holding Company by 1.8% in the third quarter. (NYSE:JCP) rating on Friday, October 27. (JCP) worth $30.51 million at the end of the most recent reporting period. The company was downgraded on Monday, May 15 by Robert W. Baird. During the past three months the stock gain 14.75%, however six months performance of the stock remained at -20.93%. The company was maintained on Tuesday, November 28 by Stifel Nicolaus.
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